For consumers, the chat history is the moat. Why switch to a different provider for a marginal model improvement when ChatGPT already “knows” you? The value of sticking to a single provider is already there, even with the limited memory features they’ve implemented thus far.
Do we know as a matter of fact that people don't want to leave ChatGPT for Gemini just because of chat history?
The chat history feature makes the product worse, I had to turn it off.